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US Futures, European Stocks Down as Markets Await BOE Decision

iHub News
Latest News
September 21 2023 12:08AM

In the U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average decreased 0.2%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 declined 0.7% in morning trading. JD Sports Fashion rose 6.2% and Next added 1.7%. On the other hand, Ocado Group lost 5.4%, and Idorsia dropped 3.4%. The FTSE 100 lost 0.6%. Other stocks in Europe were down as France’s CAC 40 decreased 1.1% and Germany’s DAX fell 0.8%.

The Wall Street Journal Dollar Index climbed 0.2% to 99.69.

In commodities, Brent crude fell 1.2% to $92.45 a barrel, and WTI crude fell 1.2% to $88.59 a barrel.

The German 10-year Bund yield rose by 3 basis points to 2.731% from 2.705%, and the yield on the 10-year U.S. Treasury held steady at 4.418%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan’s Nikkei 225 index declined 1.4%, and Hong Kong’s Hang Seng fell 1.3%. China’s benchmark Shanghai Composite declined 0.8%.

Source: Dow Jones Newswires